Former congressman and presidential candidate Ron Paul enjoys a wide fanbase on social media and among latter generations who have an interest in pro-liberty changes to governmental policy. He is famed for his positions on issues ranging from abortion and marijuana to business regulation, and he famously authored a book which aligns with the philosophy

Contrary to the notion among many crypto enthusiasts that bitcoin is a speculative investment with major upside potential, a stakeholder in the legacy financial sector has rubbished the value attached to digital assets, describing them as mere software algorithms with no utility. The verdict was given by the general manager of Bank for International Settlements

With the United States stock market falling under some real pressure during last month, Bitcoin seems to hold support above the $ 6,000 mark and begs the question of whether now is the best time to invest in the leading cryptocurrency.

The Dow Jones Industrial Average was down over 8% from its previous all-time high during October but it is now down by 5%. This contrasts with Bitcoin which is holding steady at around $ 6,400 above major support of $ 6,000. This is a sign that investors are using the digital currencies as a hedge to their portfolios as equities continue to get hit amid a highlighted earnings season. Read more...

Tether, or USDT, is supposed to remain “tethered” to the US Dollar, as its name implies. That’s its whole purpose as a token: it exists on exchanges as a way for traders get their profits to safety, in a sense, so they have some idea of the real fiat value of their portfolio. It was

Over the past 48 hours, the volume of Bitcoin (BTC) has fell substantially from over $ 5 billion to $ 3.8 billion, and is quickly moving to its yearly low. On CoinCap.io, ShapeShift’s official cryptocurrency market data provider, the volume of Bitcoin remains at around $ 2.54 billion. If the volume of BTC drops by around 15 percent

The Bitcoin-to-dollar exchange rate consolidated sideways as an extension to its intraday stable action. The pair seems to have found a decent support above 6400-fiat, but an equally stubborn resistance near 6530-fiat is holding its gains. Currently, BTC/USD is trading at 6439-fiat, down 0.54 percent from the previous day’s close. On the fundamental front, Fidelity,

Earlier today, on October 14, the price of Bitcoin experienced an abrupt increase from $ 6,300 to $ 6,410 within minutes. The unexpected rise in the Bitcoin price led traders to be optimistic about the short-term trend of the crypto market, as analysts previously stated that for the dominant cryptocurrency to demonstrate signs of recovery, it will

Bitcoin (BTC) is finally out of the woods. The above weekly chart for BTC/USD shows that Bitcoin (BTC) has formed a weekly candle above the historical downtrend line. This is the first time since January 2018 that Bitcoin (BTC) has breached this resistance line and formed a candle above it. The 10 Week EMA is about to cross above the 21 Week EMA which will confirm the beginning of a new cycle. As the new cycle is confirmed, Bitcoin (BTC) will immediately rise above $ 7,000. Industry leaders like Tom Lee of Fundstrat and Arthur Hayes of Bitmex have very optimistic targets for Bitcoin (BTC) by year end. Tom Lee expects Bitcoin (BTC) to hit $ 25,000 by end of 2018. Arthur Hayes on the other hand expects the price to hit $ 50,000 by year end. Read more...

After less than two weeks since last predicting that the price of Bitcoin (BTC) could reach as high as $ 10,000 by year-end, Michael Novogratz, the CEO of cryptocurrency focused merchant bank Galaxy Digital LP (GLXY), has lowered his prediction, setting $ 9,000 as the 2018 ceiling. While speaking at the Finance Disrupted event in Manhattan on Tuesday, Novogratz explained that much […]SludgeFeed

Mike Novogratz has once again changed his mind on what he thinks the end of year Bitcoin price will be. Mike Novogratz has revised his end of year call from $ 10,000 to $ 9,000 after just two weeks.

Mike Novogratz is an ex-hedge fund manager of Fortress Investment Group. Novogratz was ranked as a billionaire by Forbes over ten years ago in 2007 and in 2008

Speaking in Manhattan at the Finance Disrupted event on Tuesday, Novogratz discussed that a lot of the downward price pressure that the markets face is driven by the industry participants needing to sell their holding of virtual assets in order “to fund the burn rate of the industry.”Read more...

One of the cryptocurrency market’s biggest bulls has once again trimmed his optimistic short-term bitcoin price forecast, stating this week that he does not believe that “digital gold” will reach the five-figure mark again until 2019. According to CNBC, Mike Novogratz, the billionaire founder of cryptocurrency merchant bank Galaxy Digital said on stage at the … Continued

The premium on Bitcoin Investment Trust (GBTC), a publicly tradable Bitcoin instrument operated by Grayscale Investment, a $ 2 billion cryptocurrency fund and subsidiary of Digital Currency Group (DCG), has dropped by 10 percent in the past week. Tyler Jenks, the president of Lucid Investment, who operated as an analyst in the traditional finance sector for

Over the past 24 hours, Ripple (XRP) has overtaken Ethereum once again with a 7 percent surge in price, achieving a market valuation of $ 24.28 billion. The market cap of Ethereum remains slightly below that of Ripple at $ 24.15 billion and based on the weak volume of XRP, it is likely that Ethereum will regain

Google will, once again, allow advertising for regulated cryptocurrency exchanges in the United States and Japan starting from October. The move comes four short months after its previous cryptocurrency advertising ban had been instituted.

Google Loosening Up

The search engine mogul Google has revealed that it will be loosening up on their previously instituted ban on cryptocurrency advertising which went into effect on June 1st.

As the Bitcoinist reported back then, the main reasons for the ban in the first place were to “prevent consumer harm.” Speaking on the matter at the time was Scott Spencer, Google’s Director of Product Management, Sustainable Ads, who said: Read more...

What can we say except that bitcoin is once again down for the count? The currency has fallen by roughly $ 300 in the last 24 hours and is now trading for just over $ 6,300. Perhaps it was asking a bit too much that investors get their hopes up regarding the future. After all, it appears bitcoin has been going through this pattern since mid-July. It rises a bit and gets everyone flustered and thinking the big bucks are right around the corner only to stumble back down to where it was before.

Bitcoin (BTC) has been in a steady decline since the beginning of the year. The first wave of this decline, from January to February was a very steep one. However, when Bitcoin (BTC) broke the first downtrend and entered another phase of decline, the fall was not as steep. Similarly, this second downtrend was broken in August and now Bitcoin (BTC) is struggling to break past the third downtrend resistance. As we can see on the above chart for BTC/USD, this decline has become less steep with time as the correction comes to an end. Read more...

The U.S. Securities and Exchange Commission (SEC) has once again postponed a decision on the application for a Bitcoin Exchange Traded Fund (ETF) by VanEck and SolidX, in what is the latest update in a protracted regulatory process that has dragged on for several months. The agency has stated that it needs more time to consider more input to help it arrive at a decision on the matter, which was originally postponed to September 29, 2018. Read more...

Ever wondered if that (sh*t)coin you bought during the ICO that seemed to have outstanding perspectives, excellent investors behind it, and highly profitable days ahead of it is worth holding anymore?

It went up at least 2x after its listing on exchanges and then fell hard, possibly below its ICO price — didn’t it?!

Everyone has been there and done that — including the Chief Strategy Officer at CoinShares, Meltem Demirors, who’s just shared some very useful strategic and economic insights for both traders and entrepreneurs. With this market in particular, perhaps experience is the best teacher you can find, and she had plenty of it. So here are the main points she made. Read more...

As soon as Bitcoin (BTC) fell below $ 7,000, retail bears became loud once again. Calls for a fall to $ 4,000 or lower have become popular once again in the crypto community. The popular sentiment at the moment is bearish. If an analysis points to the possibility of a fall below $ 4,000, it is more readily accepted than the one that calls for a rise above $ 8,000. As we have seen in the past, in this market as well as other markets, when too many people start thinking the same way, it is time to prepare for a trend reversal. Read more...

Bitcoin price on Thursday extended its prevailing bearish correction sentiment and dropped as much as 6.5 percent from the yesterday’s low near $ 6,710. The BTC/USD in the very first hours of today’s session formed lower highs and lower lows towards 6731-fiat and 6303-fiat. It very much set the sentimental course for the rest of the